Optimism

10 years ago

Dow Crosses 7000

Light at the end of the tunnel, is that you? Yesterday's huge one-day rally, the best this year has seen, appeared to boost this morning's numbers, as the Dow briefly rose past 7,000. Citigroup extended its gains up 16 percent today, which appears to be continued success off yesterday's announcement of their 2009 profits. Other financial stocks had positive momentum as well, with Bank of America up 11 percent and J.P. Morgan Chase rising 4.4 percent.